$278.2 million in Bitcoin moved from Coinbase by anon whales on the dip. $BTC whale_alert
$428 million worth of crypto liquidations detected
Coinglass has shared that over the past 24 hours, a close to half a billion USD worth of crypto trades has been liquidated across various exchanges – Binance, Huobi, Bitfinex, OKEx, etc., while positions were also liquidated but not that much - $45.2 million. Santiment analytics team has commented that as the leading cryptocurrency dropped to the $39,400 zone yesterday, the market saw a great deal of profit taking transactions. Since in most cases, traders sell to lock in their profits as the price goes up, in this particular case, this was likely done by a trader who capitulated before the Bitcoin price dropped, throwing many other market participants into the negative territory.
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